NZDJPY short move
Price has broken our support zone and hence i expect a continuous fall in price towards our 1st support level.
NZDJPY trade ideas
NZDJPY in a daily uptrendNJ currently experiencing an uptrend on a daily basis but has been going sideways for some time on the four-hour chart (h4). It is possible that NJ might look for the bottom yellow line before continuing its upward trend. However, ultimately, NJ is expected to move towards the North direction. The trades I made at this point are debatable, and this decision might cost me some swaps on my demo account.
DeGRAM | NZDJPY AB=CD pattern completionNZDJPY has been in a bullish trend in an ascending channel. The market completed the AB=CD pattern.
It might be time for retracement. Usually, the price makes a 1/3 pullback following the completion of the AB=CD pattern.
We expect a sharp move down to retest the support 38.2% fibo level.
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NZD.JPYIf the price returns to 91.85 and create double top pattern , the opportunity to sell in the New Zealand dollar-Japanese yen currency pair is expected.
NZDJPY SELL AREA.nzdjpy is in sell area.
So, now we need to look the opportunity to follow this pair going down.
I´ll wait till end of the day, o possible tomorrow morning to put the sell order this friday evening.
Good luck.
NZD/JPY BullishThe NZD/JPY has recently attained a modest peak, indicating a potential retracement to the 90.76 level where substantial support is anticipated. Should the price successfully hold at this level, there is a strong likelihood of a significant upward movement. This is particularly noteworthy as Yen Futures are exhibiting notable weakness. Members, prepare yourselves for potential favourable market conditions! Chris
NZDJPYNZDJPY Bearish idea, current trend is bullish but there is divergence, high possibility for retracement, entry level is break of neckline, stop loss and target mentioned on chart.
NZDJPY IS MAKING DOUBLE TOP (REVERSAL)NZDJPY is making double top pattern according to historic data it will move down side when it break the highlighted support i will take entry and stop loss just above the resistance my trade plane mention in chart
NZDJPYThe analysis of the pair signals an approaching correction around 800 points. In this connection my recommendations look as follows.
Recommendations.
1. Close all medium-term long positions right now and start short positions.
2. Pay attention to the swap on short positions at your broker.
3. Get into a short position from the following levels: 92,28; 92,60
4. Target 800 pips.
NZDJPY Possible topBase on daily structure, it is possible for this pair to make a downtrend.
However, I need to further checking at the LTF to see the detail structure.
NZDJPY SELL SETUPNZDJPY Sell as rejected after retesting of the trendline. TP and SL are marked. Always follow risk management.
Move SL to Breakeven after 50 pips in profit
NZDJPYA fake breakout and a simultaneous encounter with the ceiling of the long-term channel are reasons for sellers to push the price to the specified target
NZDJPY..SHORTOANDA:NZDJPY A short position can be taken on the specified levels
There is no position before reaching the surface
On the first level, you can enter only by seeing the hammer candle
price action in levelsimple price action at support level ' buy side liquidity will be swept then price will use the OB to continue down
NZD JPY Short IdeaPrice is mitigating OB on 1H, after breaking previous Structure.
Aiming to Liquidity resting below previous Swing Low
NZDJPY: Bearish Forecast & Bearish Scenario
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDJPY chart which, if analyzed properly, clearly points in the downward direction.
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NZD/JPY Analysis: Favorable Momentum ContinuesHello Everyone,
Our analysis from last week on NZD/JPY proved to be advantageous, and at present, we anticipate further upward movement in the pair.
TradeWithTheTrend3344
NZDJPYWe are going to enter into purchases in this pair with a small lot pending that it can continue to fall before it rises strongly, which would imply placing a second order lower. good luck. Follow my tel gram SGSauraGestion.
NZDJPY Trading Opportunity! SELL!
My dear followers,
I analysed this chart on NZDJPY and concluded the following:
The market is trading on 90.358 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 90.015
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NZDJPY SHORT - Orderblock SMC FVGNZDJPY Short Trade Setup - Eyeing Orderblock SMC FVG
🔍 Technical Analysis:
NZDJPY is showing potential for a short trade as it approaches the Orderblock SMC FVG zone.
Historical analysis suggests this area has acted as significant resistance in the past.
Monitoring for potential bearish signals.
📊 Trade Plan:
Entry: Consider shorting upon rejection or bearish confirmation within the Orderblock SMC FVG zone.
Stop Loss: Place above recent swing high to manage risk effectively.
Take Profit: Targeting support levels or previous lows.
🚨 Risk Management:
Employ proper risk management strategies.
Stay informed about economic events affecting NZD and JPY.
📈 Disclaimer:
Not financial advice. Conduct own analysis. Trade responsibly.
👉 Note: Monitor real-time price action for adjustments.
Happy Trading! 🌐💹
KEEP IT SIMPLE FORGET MY DESCRIPTION AND FOCUS ON THE CHARTHey Traders,
Many are focused on US News that comes this afternoon.
Mostly, that's because a change in inflation can cause a large chance in the decision making for the Central bank in that economic zone.
